| ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake - page 190.

Seanzqt

sr. member

Activity: 267

Merit: 250

Quote from: LitcoinCollector on August 03, 2016, 05:40:26 AM

Quote from: Seanzqt on August 03, 2016, 05:32:27 AM

How do you guys average out NXT, I have around 135,000 NXT on an exchange so how much in terms of ARDR would I be receiving because it did not make sense as to an average to what you receive in ARDR. Grin

The snapshotting period is 3 months.

If you have 135,000 nxt the whole 3 months you will get 135,000 Ardor.

If you have the 135,000 nxt for 2 months you will get 2/3 of 135,000 Ardor and so on.

It is recommended not to hold your nxt on an exchange.

Ah this makes sense at the moment, I have my NXT on the exchange for now until the NXT wallet blockchain is finished, it is half way done right now and it just needs to complete.

In saying this does the snapshot of the exchanges work as well, and if I move it now in to a wallet on my PC how does that impact me because I am now going to be moving it on to a wallet and not being in the same address as it was?

LitcoinCollector

legendary

Activity: 1092

Merit: 1000

Quote from: Seanzqt on August 03, 2016, 05:32:27 AM

How do you guys average out NXT, I have around 135,000 NXT on an exchange so how much in terms of ARDR would I be receiving because it did not make sense as to an average to what you receive in ARDR. Grin

The snapshotting period is 3 months.

If you have 135,000 nxt the whole 3 months you will get 135,000 Ardor.

If you have the 135,000 nxt for 2 months you will get 2/3 of 135,000 Ardor and so on.

It is recommended not to hold your nxt on an exchange.

Seanzqt

sr. member

Activity: 267

Merit: 250

How do you guys average out NXT, I have around 135,000 NXT on an exchange so how much in terms of ARDR would I be receiving because it did not make sense as to an average to what you receive in ARDR. Grin

farl4web

legendary

Activity: 1205

Merit: 1000

Quote from: lurker10 on August 02, 2016, 12:48:12 PM

Did you know that you can mine NXT in the Lucky node lottery project?
Follow instructions in the link and turn your laptop into a money making machine. You don't wear off your computer, the computational requirements are so low, some people set it up on a solar powered Raspberry Pi.
Run it 24/7 or as often as you can while you work or play. Bandwidth requirements are quite low for modern ISP plans.

Mine NXT, get ARDR.

Yes, it really works. Got lucky several times in two weeks.

lurker10

sr. member

Activity: 378

Merit: 250

Did you know that you can mine NXT in the Lucky node lottery project?
Follow instructions in the link and turn your laptop into a money making machine. You don't wear off your computer, the computational requirements are so low, some people set it up on a solar powered Raspberry Pi.
Run it 24/7 or as often as you can while you work or play. Bandwidth requirements are quite low for modern ISP plans.

Mine NXT, get ARDR.

farl4web

legendary

Activity: 1205

Merit: 1000

Quote from: gannonq on August 01, 2016, 09:29:01 PM

But, why? Thought this was just a coin.

Nxt has never been just a coin. Since 2013 you can use it already for so much more. And the difference is everything is packed in Nxt without third parties. Nxt is truly decentralized.

StolenCoinSalesman

sr. member

Activity: 385

Merit: 250

Yup dam nxt whale swimming around crapping nxt all dam day today. Oh well btc price dropping nxt price dropping cheaper nxt for me.

fallenblu

newbie

Activity: 14

Merit: 0

Coins are the past. blockchains are teh future. With the NXT blockchain you get more than just coin that's already skyrocketed in value and keeps growing. You get technology that businesses crave. They're building technology of their own on it right now. And you get to take advantage of it all

gannonq

newbie

Activity: 4

Merit: 0

But, why? Thought this was just a coin.

fallenblu

newbie

Activity: 14

Merit: 0

It also drives up the price, so those of us that invest in NXT and get Ardor Tokens will make a nicee profit

fallenblu

newbie

Activity: 14

Merit: 0

well do you care if the blockchain business grows? The only way for crypto to change the world up is to get real businesses to base themselves on the tech. That brings value to the whole community.

gannonq

newbie

Activity: 4

Merit: 0

Cool, but why should I care then about the business? Like, whats in it for me?

fallenblu

newbie

Activity: 14

Merit: 0

So that you can start building your business around them from day one. No other Smart Contract system makes them ready and safe for you.

fallenblu

newbie

Activity: 14

Merit: 0

NXT gives you business ready Smart Contract Templates ready to go, right then and there.

fallenblu

newbie

Activity: 14

Merit: 0

They coded the Smart Contracts. They tested them. And they built the contracts for every business need.

fallenblu

newbie

Activity: 14

Merit: 0

The NXT Core Devs did all the work for you.

StolenCoinSalesman

sr. member

Activity: 385

Merit: 250

Quote from: luis77 on August 01, 2016, 02:02:50 PM

Good up to 4600 but now 4300 again, do do think we are going to come back to 4000s??

It just might. Anytime it goes up someone dumps 500k-1 mill nxt from what I have seen.

barabbas

legendary

Activity: 1162

Merit: 1000

Quote from: luis77 on August 01, 2016, 02:02:50 PM

Good up to 4600 but now 4300 again, do do think we are going to come back to 4000s??

It is more than possible, of course. But given that the scheme or Ardor is working very well, as I suspected it would, what I actually expect is for the price to continue going up. Significantly. At least in the near future.

It is actually quite exciting to watch the price action since the relentless selling has slowed down. Since this new stage has started, those who have not sold have made 25% in NXT price appreciation and almost 20% in Ardor, that's almost 45% in 2 weeks. Not bad at all. Definitely working.

The peculiar thing -and that's the reason for my optimism, short term at least-, is that this trend should feed itself and continue. Because you don't want to stop the Ardor accumulation by selling, on one side, and on the other you don't want to lose the price increase that seems quite sustained and sustainable, so selling may be a bit tempting but you don't want to be on the sidelines after selling watching the price rise and not having any -or having to buy back at higher price than you sold- to keep on accumulating Ardor.

I stated that it was an incredibly smart scheme, as soon as I knew of it, and it is proven to work extremely efficiently. Exciting indeed.

fallenblu

newbie

Activity: 14

Merit: 0

Exactly. Its could be risky if your heavily invested.

luis77

full member

Activity: 179

Merit: 100

Good up to 4600 but now 4300 again, do do think we are going to come back to 4000s??

Topic: | ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake - page 190. (Read 395841 times)